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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (25743)	6/22/1999 1:38:00 PM
From: Stoctrash	Read Replies (2) \| Respond to of 44573

Nemer...more.. EnsignList - ensignsoftware.com Howard: One of the most useful trend indicators I have seen is the trend indicator of Abraham from the Stocks and Commodities Sept 98 issue. This has been converted to TradeStation code by Massimo Ciarafoni for the TS CodeList. The code is shown below. The enclosed gif shows the indicator in yellow on a 15 min spu chart. Would you or someone familiar with EasyLanguage and Ensign code be able to convert this to ESPL and make it an indicator available to all Ensign users? It gives few false signals and is faster even than the Kaufman Adaptive Moving Average (gold, red and magenta on the gif). It also functions as a support and resistance level to watch. I hope you or someone will realize the value of this indicator to convert to ESPL and make it an Ensign study. Thanks, Don ________ { ****************************************************************************************************************************** Indicator : Abraham Trend Indicator Last Edit : 12/31/98 Provided By : Massimo Ciarafoni Description : This is my implementation of Abraham's Trend indicator as in S&C Sept 98 issue. *******************************************************************************************************************************} Inputs:AtrMult(3),AtrLen(21); Vars:HClose(-99999),LClose(99999); Value1=AtrMultWAverage(TrueRange, AtrLen); HClose=IFF(C>HClose,C,HClose); LClose=IFF(C<LClose,C,LClose); If CurrentBar=1 then Value2=HClose-Value1; If C < Value2 then begin Value2=LClose+Value1; HClose=C; End; If C > Value2 then begin Value2=HClose-Value1; LClose=C; End; If CurrentBar>1 then Plot1(Value2[1],"Volind"); __________ ______________________________________________________________________ To unsubscribe, write to EnsignList-unsubscribe@listbot.com Start Your Own FREE Email List at listbot.com Picture Attachments: